Ambac Assur. UK Ltd. v J.P. Morgan Inv. Mgt., Inc. | NY APPEALS COURT REVERSED “Jamie Dimon, the subprime securities market “could go up in smoke”

Decided on July 14, 2011 SUPREME COURT, APPELLATE DIVISION First Judicial Department David B. Saxe, J.P. James M. Catterson Rolando T. Acosta Sheila Abdus-Salaam Nelson S. Román, JJ. Index 650259/09 5034 [*1]Ambac Assurance UK Limited, etc., Plaintiff-Appellant, v J.P. Morgan Investment Management, Inc., Defendant-Respondent. Plaintiff appeals from an order of the Supreme Court, New York […]